MFS Multimarket Income Trust (NYSE:MMT) Announces Monthly Dividend of $0.03

MFS Multimarket Income Trust (NYSE:MMT) declared a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Investors of record on Tuesday, July 16th will be paid a dividend of 0.0336 per share by the closed-end fund on Wednesday, July 31st. This represents a $0.40 dividend on an annualized basis and a yield of 8.59%. The ex-dividend date of this dividend is Tuesday, July 16th.

MFS Multimarket Income Trust has decreased its dividend by an average of 10.5% annually over the last three years.

MFS Multimarket Income Trust Stock Performance

MFS Multimarket Income Trust stock traded down $0.01 during midday trading on Tuesday, reaching $4.70. 70,251 shares of the stock traded hands, compared to its average volume of 78,104. The company has a 50-day simple moving average of $4.62 and a two-hundred day simple moving average of $4.60. MFS Multimarket Income Trust has a 12-month low of $4.04 and a 12-month high of $4.73.

MFS Multimarket Income Trust Company Profile

MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.